Real Estate Investor Magazine South Africa December / Jan 2016 | Page 49

STRATEGIES Corporate Real Estate (CRE) Building the Tenant Power Base BY MALCOLM HORNE C orporate Real Estate aligns property strategy to business strategy, creating opportunities for innovation within a real estate portfolio, and enhancing business functions. An effective CRE strategy needs to achieve four key outcomes 1. Engage with Stakeholders It is important to engage with a variety of stakeholders, in both the private and public sectors. One of the keys to building a better partnership between landlords and tenants is a mutual understanding of the value creation specifically generated by the tenant and their lease. For instance, how many tenants can quantify the contribution of their lease to the investment assets within their landlord’s portfolio. 2. Relevant, accurate information It is also important to analyze and understand rel ]